Securitas to acquire ISS Facility Services' Dutch security operations

Date: 2013/06/10
Source: Securitas

Securitas has agreed with ISS Facility Services to acquire the commercial security services business contracts and assets of ISS Facility Services in the Netherlands. ISS' security services operation in the Netherlands has annual sales of approximately US$48 million (SEK 315 million) and 800 employees.

The acquisition will considerably improve Securitas' national coverage of its mobile services in the Netherlands. In addition, the acquisition will strengthen the organization in creating optimal security solutions for its customers.

The acquisition is subject to approval from the competitions authorities in the Netherlands, which is expected to be completed in the beginning of July 2013.